The work presents a crystallization process of Fe-based amorphous alloy by characterization of the influence of annealing temperature on structural changes and magnetic properties of Fe72B20Si4Nb4 metallic glass. The studies were performed on the samples in the form of ribbons and rods. Crystallization behaviour of the studied alloy was examined by
X-ray diffraction (XRD) and transmission electron microscopy (TEM) methods. The studies of soft magnetic properties of tested material involved magnetic permeability, saturation induction, coercive field and magnetic after-effects measurements.